Shoebuy.com's Growth Underscored by Industry Honor and Continued Addition of New Brands

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Hitwise names Shoebuy.com one of the Top 10 Apparel and accessory shopping web sites in the U.S.

We are very proud to be recognized among our peers as one of the most heavily visited e-commerce destinations on the Web, and the addition of many new brands to our site contributes to what has been a very robust and successful growth story.

Shoebuy.com, one of the largest and fastest growing retailers on the Internet focused on all categories of footwear and related apparel, has been recognized as a Hitwise U.S. Top 10 Award winner for the quarter ending January - March 2008. The Hitwise U.S. Top 10 Awards Program celebrates the most successful U.S. Web sites in more than 160 online industries. As Hitwise reports on the anonymous online usage and search behavior of more than 10 million U.S. Internet users -- the largest online sample of its kind - this unique awards program recognizes excellence in online performance through public popularity. Shoebuy.com ranks as number six in the Hitwise Shopping and Classifieds -- Apparel and Accessories category, based on the market share of U.S. visits it has received.

During this same time period, Shoebuy.com also reached an industry marker met by only an elite few, surpassing the 550 brand milestone. Shoebuy.com, which now represents more than 600,000 products, has become a leader in the footwear category with over $3 billion in accessible inventory available for purchase. Shoebuy.com offers enough footwear to outfit the entire population of Massachusetts, which is the equivalent of putting the inventory of more than 15,000 shoe stores within the reach of each shopper visiting Shoebuy.com.

"Despite a widely reported slowdown in consumer spending over recent months, Shoebuy.com continues to experience great growth, bringing in more than 4.5 million unique visitors per month," said Scott Savitz, founder and CEO of Shoebuy.com. "We are very proud to be recognized among our peers as one of the most heavily visited e-commerce destinations on the Web, and the addition of many new brands to our site contributes to what has been a very robust and successful growth story."

With a 99.6 percent fulfillment rate and an average ship time of 1.3 days, Shoebuy.com has been rated the top eTailer in the country for fulfillment and is one of only three companies to win the BizRate "Circle of Excellence" Platinum Award for outstanding customer service five years in a row, which allows the company to build customer loyalty and work with the brands that resonate best with consumers.

Thanks to significant customer loyalty, with repeat buying making up more than 60 percent of total sales, Shoebuy.com has become a favorite shopping destination for millions of shoppers. In addition to its unmatched selection of brands, styles, materials, colors and sizes and an advanced search that allows consumers to search by size, width, color, heel height or country of origin, other Shoebuy.com benefits include free shipping, free return shipping and hundreds of thousands of product reviews.

About Shoebuy.com:
Shoebuy.com is the largest retailer on the Internet focused on all categories of footwear and related apparel. Shoebuy.com has partnerships with more than 550 manufacturers and represents more than 600,000 products from top brands including adidas, Aerosoles, Allen-Edmonds, Bostonian, Brooks, Clarks England, Dockers, Donald J Pliner, Dr. Martens, Easy Spirit, Fila, Florsheim, Franco Sarto, Hush Puppies, Johnston & Murphy, K-Swiss, Keds, Mephisto, Merrell, Mezlan, Naturalizer, New Balance, Reebok, Rockport, Sebago, Skechers, Sperry Top-Sider, Stride Rite, Timberland, Tommy Hilfiger, and many more. Shoebuy.com also operates Bagsbuy.com, which represents all categories of bags including handbags, backpacks, luggage, baby gear, briefcases and laptop bags. Shoebuy.com is an operating business of IAC.

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